UK spending on recorded music grew by 9.6% in 2017

Brits spent more than £1.2bn on recorded music in 2017, a year-on-year increase of 9.6% fuelled by the growth of streaming subscriptions. Figures released by the Entertainment Retailers Association (ERA) revealed that people spent £577.1m on streaming subscriptions, up 41.9% from 2016’s £406.6m. This more than outweighed a 3.4% decline in physical sales to £459.4m […]

Music bodies confirm YouTube-MP3 stream-ripping shutdown

Reports on a court filing meant that the news of a settlement between labels and stream-ripping site YouTube-MP3 broke before the relevant industry bodies could announce it. But announce it they did, yesterday, with the IFPI, RIAA and BPI trumpeting the shutdown of a site which at its peak had 60 million monthly visitors turning […]

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